Archive for March, 2016
Here’s how to avoid all the confusion when it comes to market share, net promoter score, the value of a
To impress clients and keep staff happy, some law firms are going hipster.
CPA Australia is gearing up to take on the country’s biggest wealth management companies, including AMP and the big banks, as it starts recruiting for its foray into the financial planning market.
Bring it on!
The human brain is capable of 1016 processes per second, which makes it far more powerful than any computer currently in existence. But that doesn’t mean our brains don’t have major limitations. The lowly calculator can do math thousands of times better than we can, and our memories are often less than useless — plus, we’re subject to cognitive biases, those annoying glitches in our thinking that cause us to make questionable decisions and reach erroneous conclusions. Here are a dozen of the most common and pernicious cognitive biases that you need to know about.
Before we start, it’s important to distinguish between cognitive biases and logical fallacies. A logical fallacy is an error in logical argumentation (e.g. ad hominem attacks, slippery slopes, circular arguments, appeal to force, etc.). A cognitive bias, on the other hand, is a genuine deficiency or limitation in our thinking — a flaw in judgment that arises from errors of memory, social attribution, and miscalculations (such as statistical errors or a false sense of probability).
Some social psychologists believe our cognitive biases help us process information more efficiently, especially in dangerous situations. Still, they lead us to make grave mistakes. We may be prone to such errors in judgment, but at least we can be aware of them. Here are some important ones to keep in mind.
Learn about the unconscious tendency to biases that screw our decision making.
Here are ten done-to-death phrases to take out of your resume, pronto!
What exactly is creativity? So many of us assume that creativity is something we had as a child but we lost, or something allocated to rarified individuals that we can only admire from afar.
But science has shown that, in many ways, we are all wired to create. The key is recognizing that creativity is multifaceted—on the level of the brain, personality, and the creative process—and can be displayed in many different ways, from the deeply personal experience of uncovering a new idea or experience to expressing ourselves through words, photos, fashion, and other everyday creations, to the work of renowned artists that transcends the ages.
Neuroscientists who study creativity have found that creativity does not involve a single brain region or even a single side of the brain, as the “right brain” myth of creativity suggests; instead, it draws on the whole brain. This complex process consists of many interacting cognitive systems (both conscious and unconscious) and emotions, with different brain regions recruited to handle each task and to work together as a team to get the job done.
The neuroscience of creativity – fascinating and with hope for us all!
To grow your company, it’s time to rethink how you lead your people.
You can make or break relationships with your ability to communicate effectively. KW MAPS Group Coaching shows how to have successful fierce conversations.
ASIC has developed a confidential quiz to test the financial reporting knowledge of a wide variety and sample of Australian company directors.